Merium Limited

How the scheme works

The arrangements involve individuals providing their services to end clients as employees of Merium Limited. Merium Limited declares a portion of the employees’ earnings through Pay as You Earn (PAYE) and deducts Income Tax and National Insurance contributions (NICs). This rate of pay is often at or close to National Minimum Wage (NMW) or National Living Wage (NLW). The balance of the employees’ earnings is paid without the deduction of Income Tax andNICs. This payment may be described as a ‘loan’ or ‘advance’.

Directors

• Gideon Phillipus Nel

Addresses

• Merium Limited: 4th Floor, Silverstream House, 5 Fitzroy Street, Fitzrovia, London, W1T 6EB